C2 prices
Le Mans Master
Joined: Feb 2007
Posts: 9,296
Likes: 1,531
From: Oviedo Florida
2024 C5 of the Year Finalist - Modified
2024 C2 of the Year Finalist - Modified
2023 C2 of the Year Finalist - Modified
2021 C2 of the Year Finalist - Modified
2016 C5 of Year Finalist
The prices are still to high. You want to burn a hobby to the ground? Overprice.
The younger guys will be buying cars they can afford.
The younger guys will be buying cars they can afford.
Team Owner
Joined: Aug 2008
Posts: 33,044
Likes: 6,551
From: Rochester NY
St. Jude Donor '09 thru '26
Le Mans Master
Joined: Feb 2007
Posts: 9,296
Likes: 1,531
From: Oviedo Florida
2024 C5 of the Year Finalist - Modified
2024 C2 of the Year Finalist - Modified
2023 C2 of the Year Finalist - Modified
2021 C2 of the Year Finalist - Modified
2016 C5 of Year Finalist
That's the lay of the land. At one time these cars were just cars , now they are trophy's. It does not help
the hobby. But, to each his own.
Team Owner
Joined: Aug 2008
Posts: 33,044
Likes: 6,551
From: Rochester NY
St. Jude Donor '09 thru '26
Pilot, I totally support anyone's right to sell their car low - just as it's their right to sell it high. We all see things differently, personally I don't see anything wrong with trying to get top dollar for something, unless there are special circumstances. It's not my responsibility to try to "adjust" the market for the hobby.
The market does not set the selling price - the selling price defines the market. As long as a seller honestly represents the car, it's "worth" whatever one buyer is willing to pay.
The market does not set the selling price - the selling price defines the market. As long as a seller honestly represents the car, it's "worth" whatever one buyer is willing to pay.
Safety Car
Joined: Oct 2000
Posts: 4,236
Likes: 355
From: Albuquerque, NM
Prices are set by the laws of supply and demand. If all sellers set their prices too low, there would not be enough cars for all the people who wanted to buy them and participate in the hobby. Same with houses, oil, and just about everything else.
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Race Director
Joined: Jan 2007
Posts: 14,950
Likes: 3,351
From: NYC NY
Based on what I see on craigslist asking prices keep climbing. The real nice documented C2s and very high end C2 restomods continue to bring strong money. IMCO that drives the rest of the market asking prices up. Most driver quality asking prices are either near, at, or over 70K. Since the asking price is so high and the owners are not willing to negotiate the cars remain on the market for months. Unfortunately when it comes to craigslist we never know the selling price. At least on BAT we see the selling price and the bid to price. I think even though BAT prices can be perceived to be high it's more indicative to where the market is. The real issue is that sellers aren't being realistic when evaluating what the have. When there are no buyers the market will reset. As long as there are people willing to pay the prices will continue to climb.
Burning Brakes
Joined: Apr 2020
Posts: 966
Likes: 360
Burning Brakes
Joined: Apr 2020
Posts: 966
Likes: 360
Pilot, I totally support anyone's right to sell their car low - just as it's their right to sell it high. We all see things differently, personally I don't see anything wrong with trying to get top dollar for something, unless there are special circumstances. It's not my responsibility to try to "adjust" the market for the hobby.
The market does not set the selling price - the selling price defines the market. As long as a seller honestly represents the car, it's "worth" whatever one buyer is willing to pay.
The market does not set the selling price - the selling price defines the market. As long as a seller honestly represents the car, it's "worth" whatever one buyer is willing to pay.
FWIW, "Selling" is a funny thing. There are many reasons to sell, ageing out, death, poor health, financial NEED, etc, and all of these determines asking price. IF, however, you have that ONE car that is unique----Fabulous condition, exceptional options, all original etc---and you are trying to "make money on your investment and labor costs" then, of course your price will be a lot higher but-----now you have to find that ONE person who wants THAT car and also has THAT money and the DESIRE to spend it on YOUR car. So, in the former, you get to sell quickly at a lower price or in the latter, if you can wait long enough, you will get that much higher figure. It all depends on your circumstances.
As a realtor said to one tine, "Everything sells, it's just a question of price!"
Eddie
Drifting
Joined: Aug 2004
Posts: 1,313
Likes: 512
From: Carmel CA
As with most cars of the era, buyers are aging out. Most market analyst say that younger buyers are not looking at cars from the 60's. Just like other generations, they are looking for the cars that they dreamed of when they were young. That does not mean that our cars are not valuable, just that he number of buyers is getting a little smaller as we age. Serious collectors are still out there, but they want quality investment grade cars rather than a fun driver.
Pro
Joined: Dec 2023
Posts: 656
Likes: 198
From: Katy,TX
Just to throw this out there like Watson said-younger folks did not grow up with these cars when they were newer so not as much desire as a Hell Cat Demon Challenger that can run 10s and has A/C.
Buddy has a 57 Belair- hardly getting lookers and not overpriced.
I've wanted a C2 since I was in elementary school-when they were new and finally got one.
Buddy has a 57 Belair- hardly getting lookers and not overpriced.
I've wanted a C2 since I was in elementary school-when they were new and finally got one.
